2 S&P 500 Stocks Down Over 50% to Buy Now

Buying shares of companies that own leading consumer brands when they are experiencing temporary weaknesses in sales can be a rewarding tactic. Recent quarterly reports from top apparel companies show that consumers are pulling back on their discretionary spending. But this also means investors with long time horizons can buy shares at what will likely prove to be bargain valuations.Lululemon Athletica (NASDAQ: LULU) and Deckers Outdoor (NYSE: DECK) have been two of the worst-performing stocks in the S&P 500 index so far this year. But now, trading at less than 15 times forward earnings estimates, they could be smart buys. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool